OBEROI CENTRE

Ready

DeveloperRANI INTERNATIONAL DEVELOPMENT (L L C)

CommunityBusiness Bay

AreaBusiness Bay

Started

18 years 8 months ago01-05-2007

Handover

15 years 2 months ago01-11-2010

Status

CompleteFinished

Project Description

4 basement and 35 upper storeys commercial tower with office, retail and hotel accommodation in Business Bay. The commercial Oberoi Centre has a GFA of 350,019 sqft (32,529 sqm) The office tower has a link at the podium level to the hotel, providing easy access to the shared facilities. The hotel tower with 28 upper floors and providing a GFA of 337,602 sqft (31,367 sq.m) will be run as the Oberoi Hotel with circa 250 rooms and 40 suites.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Rising

+12%

Growth

Current:AED 3,650/sqft

Last 12M:AED 3,263/sqft

Momentum: Last 12Mvs Prior Year

Rising

+10%

Growth

Last 12M:AED 3,263/sqft

Prior Year:AED 2,970/sqft

Community Compare: Last 90DBusiness Bay

Premium

+46%

Above Avg

Project:AED 3,650/sqft

Community:AED 2,497/sqft

Liquidity: Last 12MExit Speed

Moderate

11%Turnover

15Sold (Last 12M)

Supply & Demand Matrix

OBEROI CENTRE averaged 11% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type

Absorption (L12M)

Velocity

Shop

16 units

0 sold16 left

Velocity

Office

120 units

15 sold105 left

13%

Velocity

Layouts & Units (137)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 29 units	Type Office	Beds —	Size 1,881 sqft	Avg Price AED 3.4M	Last Price AED 7.8M	Last Sold 16 days ago	Sales 47

Units 28 units	Type Office	Beds —	Size 1,896 sqft	Avg Price AED 3.4M	Last Price AED 7.9M	Last Sold 16 days ago	Sales 46

Units 25 units	Type Office	Beds —	Size 2,749 sqft	Avg Price AED 4.9M	Last Price AED 11.4M	Last Sold 16 days ago	Sales 40

Units 25 units	Type Office	Beds —	Size 2,781 sqft	Avg Price AED 4.9M	Last Price AED 11.5M	Last Sold 16 days ago	Sales 40

Units 404	Type Office	Beds —	Size 2,712 sqft	Avg Price AED 6.0M	Last Price AED 6.0M	Last Sold over 2 years ago	Sales 1

Units 401	Type Office	Beds —	Size 2,691 sqft	Avg Price AED 4.6M	Last Price AED 4.6M	Last Sold over 3 years ago	Sales 1

Units 2 units	Type Office	Beds —	Size 2,729 sqft	Avg Price AED 4.0M	Last Price AED 4.7M	Last Sold over 3 years ago	Sales 5

Units 2 units	Type Office	Beds —	Size 2,758 sqft	Avg Price AED 4.0M	Last Price AED 4.7M	Last Sold over 3 years ago	Sales 5

Units 3301	Type Office	Beds —	Size 2,522 sqft	Avg Price AED 2.4M	Last Price AED 2.8M	Last Sold over 4 years ago	Sales 2

Units 3304	Type Office	Beds —	Size 2,551 sqft	Avg Price AED 2.4M	Last Price AED 2.8M	Last Sold over 4 years ago	Sales 2

Units 803	Type Office	Beds —	Size 1,865 sqft	Avg Price AED 2.4M	Last Price AED 1.9M	Last Sold almost 5 years ago	Sales 2

Units 301	Type Office	Beds —	Size 4,424 sqft	Avg Price AED 2.9M	Last Price AED 2.9M	Last Sold over 5 years ago	Sales 1

Units 1701	Type Office	Beds —	Size 3,092 sqft	Avg Price AED 8.1M	Last Price AED 8.1M	Last Sold over 12 years ago	Sales 1

Units 1703	Type Office	Beds —	Size 3,097 sqft	Avg Price AED 8.1M	Last Price AED 8.1M	Last Sold over 12 years ago	Sales 1

Units 1702	Type Office	Beds —	Size 3,117 sqft	Avg Price AED 7.6M	Last Price AED 7.6M	Last Sold over 12 years ago	Sales 1

Units V2	Type Sized Partition	Beds —	Size 798,384 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 101	Type Shop	Beds —	Size 579 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 104	Type Shop	Beds —	Size 727 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units R3	Type Shop	Beds —	Size 753 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G05	Type Shop	Beds —	Size 765 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Shop	Beds —	Size 784 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 103	Type Shop	Beds —	Size 798 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 105	Type Shop	Beds —	Size 824 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G04	Type Shop	Beds —	Size 859 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units R1	Type Shop	Beds —	Size 932 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units R2	Type Shop	Beds —	Size 934 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G02	Type Shop	Beds —	Size 946 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Shop	Beds —	Size 1,160 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RESTAURANT-1	Type Shop	Beds —	Size 2,678 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 1	Type Shop	Beds —	Size 4,908 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

30 unique layouts covering 137 units